Mercantile Bank (NASDAQ:MBWM) Is Increasing Its Dividend To $0.36

By Yahoo! Finance | Jul 22, 2024 at 07:54 AM EST

Mercantile Bank Corporation (NASDAQ:MBWM) will pay a dividend of $0.36 on September 18, an increase from last year. With a payout ratio of 27% and stable earnings, the company is expected to sustain its dividend growth, making it a strong income stock.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.